What is the amt dubois will receive on the sale, Accounting Basics

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What is the amt dubois will receive on the sale

Dubois Inc loan money to John Kruk Corp in the amt of 800,000.00 Dubois accepts the 8% note due in 7 yrs with interest payable semiannually. After 2 yrs (and receipt of interest for 2 years), Dubois needs money and therefore sells the note to Chicago National bank which demands interest on the note of 10% compounded semiannually. What is the amt Dubois will receive on the sale of the note?

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Accounting Basics: What is the amt dubois will receive on the sale

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Accounting Basics: What is the amt dubois will receive on the sale

Reference No:- TGS0699915

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Recent Questions Asked Accounting Basics

Q : Shares of common stock outstanding

Q : Management sell product x now

Q : Why employee health and medical insurance coverage

Q : The other one-fourth are paid

Q : What is the amt dubois will receive on the sale

Q : Find magnitude of the resultant force acting on the barge

Q : The wickets variable costs

Q : Discuss the sunday newspaper supplements

Q : Explain the scrap value of the project

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the amt dubois will receive on the sale

Reference No:- TGS0699915

Recent Questions Asked Accounting Basics

Q : Shares of common stock outstanding

Q : Management sell product x now

Q : Why employee health and medical insurance coverage

Q : The other one-fourth are paid

Q : What is the amt dubois will receive on the sale

Q : Find magnitude of the resultant force acting on the barge

Q : The wickets variable costs

Q : Discuss the sunday newspaper supplements

Q : Explain the scrap value of the project

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